All Property Week articles in 5 February 2021 – Page 4
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OnlineBuild-to-rent development up by 23% in 2020
The number of completed build-to-rent homes increased by 23% in 2020, according to the British Property Federation.
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OnlineNatwest to sell £550m portfolio of shopping centre loans
Natwest Group has launched the sale of a distressed commercial property loan portfolio.
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OnlineAviva points to digital infrastructure as a high growth area for investors
New-build digital infrastructure is expected to deliver the highest returns, whilst the UK looks set to outperform Europe across several real asset sectors and strategies in the medium term, according to the second annual Real Assets House View from Aviva Investors.
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OnlineGovernment working on “excessive profits tax” to claw back pandemic borrowing from online retailers
The government is reportedly working on plans for an “excessive profits tax” for firms that experience a surge in profits as a result of the pandemic.
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NewsLM1 hires non-executive managing director
Northern industrial agent LM1 has hired David Jones as non-executive managing director.
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OnlineBoohoo buys remaining Arcadia brands, but 214 stores to close with the loss of 2,450 jobs
Online fashion retailer Boohoo has bought Dorothy Perkins, Wallis and Burton for £25.2m.
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OnlineHilltop secures £15m for Peterborough residential scheme
Funds advised by Hilltop Credit Partners have completed a £15m loan to the Propiteer Group for a development project within the Fletton Quay area of Peterborough, Cambridgeshire.
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OnlinePandemic lockdowns lead to profit slump at Inland Homes
Profit at Inland Homes slumped in the year to 30 September 2020 as the Covid-19 pandemic hit sales and increased costs.
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OnlinePropertyshe Perspectives: ULI Europe with Rethinking Real Estate author Dror Poleg, Expert on infectious diseases endorses the 15 Minute City, Miami partners with WeWork, the role of science fiction
It speaks volumes for our thirst for entertainment, as we endure our third lockdown, that we have been in thrall this week to Jackie Weaver and the antics at a meeting of the Handforth Parish Council. As always, such gems find their way onto twitter first and from there into ...
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NewsKnotel files for bankruptcy
Flexible workspace operator Knotel has filed for bankruptcy and is set to be taken over by Newmark.
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NewsFirethorn Trust grows team with new hires
Firethorn Trust has hired an ex-Savills surveyor as associate asset manager and has brought two more people into its team as well, Property Week can reveal.
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OnlineHow OakNorth Bank and Hayfield Homes have navigated the pandemic
When the lockdown hit the real estate sector last year, relationships between lenders and housebuilders were in danger of fraying. Some lenders pulled their funding completely, unsure of how the pandemic would affect the industry. Others saw their funding lines frozen and were unable to provide financing that had already ...
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OnlineConvert More Leads to Leases
According research carried out by London First, UKAA and the BPF ‘Who Lives in Build to Rent?’, as of September 2020 there were 76,804 homes in London’s build to rent development pipeline which accounts for 27% of London’s rental market.
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OnlineAccessible Retail calls for a new retail planning policy in NPPF
Accessible Retail (AR), the out-of-town trade body, is calling for changes to the National Planning Policy Framework (NPPF) in order to protect retail jobs and make sure retailers have a commercially sustainable trading future.
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OnlineCentral London sees £475m of retail investment transactions complete in Q4 2020
Total central London retail investment in Q4 2020 reached £475m, more than double the total volume in Q4 2019 which saw £200m transacted, according to research from CBRE.
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OnlineWarehouse REIT to raise funds for three last mile acquisitions
Warehouse REIT has launched a share issue to raise up to £45.9m to help fund three last mile industrial acquisitions.
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NewsOffice App appointed at Chiswick Park
Proptech firm Office App has been appointed to provide its workspace platform at Chiswick Park in west London, following a competitive tender, Property Week can reveal.
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OnlineRenGen secures £40m from ICG for value-add resi schemes
South West developer RenGen has secured a £40m debt facility from ICG Real Estate for residential schemes in the region.
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News30,000 new retirement properties could ‘generate £2bn of economic activity’ every year
If the UK were to build 30,000 retirement properties every year, it would result in around £2bn of additional economic activity every year, according to a new report by Homes for Later Living.
